Ping An Insurance (Group) Co. of China (FRA:PZXB) Cyclically Adjusted PS Ratio: 0.96 (As of Sep. 10, 2026) — 24% Below Median

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FRA:PZXB Ping An Insurance (Group) Co. of China Ltd FRA:PZXB
70 GF Score
Price €11.80
GF Value €10.05
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Ping An Insurance (Group) Co. of China Cyclically Adjusted PS Ratio?

Ping An Insurance (Group) Co. of China FRA:PZXB 70 Cyclically Adjusted PS Ratio is 0.96 as of Sep. 10, 2026, which is 24% below its 10-year median of 1.26. GuruFocus rates FRA:PZXB with a GF Score™ of 70/100 and a GF Value™ of €10.05 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 407 Insurance companies, Ping An Insurance (Group) Co. of China ranks better than 54.05% on this metric.

As of today (2026-09-10), Ping An Insurance (Group) Co. of China's current share price is €11.80. Ping An Insurance (Group) Co. of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €12.23. Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio for today is 0.96.

The historical rank and industry rank for Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:PZXB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.26   Max: 3.08
Current: 1.1

During the past years, Ping An Insurance (Group) Co. of China's highest Cyclically Adjusted PS Ratio was 3.08. The lowest was 0.76. And the median was 1.26.

FRA:PZXB's Cyclically Adjusted PS Ratio is ranked better than
54.05% of 407 companies
in the Insurance industry
Industry Median: 1.24 vs FRA:PZXB: 1.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ping An Insurance (Group) Co. of China's adjusted revenue per share data for the three months ended in Jun. 2026 was €4.160. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €12.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ping An Insurance (Group) Co. of China  (FRA:PZXB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ping An Insurance (Group) Co. of China Cyclically Adjusted PS Ratio Related Terms


Ping An Insurance (Group) Co. of China Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ping An Insurance (Group) Co. of China Cyclically Adjusted PS Ratio Chart

Ping An Insurance (Group) Co. of China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.98 0.82 1.03 1.29

Ping An Insurance (Group) Co. of China Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.05 1.29 1.08 0.90

FRA:PZXB vs MET, AFL, PRU: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Life subindustry, Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ping An Insurance (Group) Co. of China Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio falls into.


FRA:PZXB
70GF Score
Ping An Insurance (Group) Co. of China Ltd FRA:PZXB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ping An Insurance (Group) Co. of China Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.80/12.23
=0.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ping An Insurance (Group) Co. of China's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ping An Insurance (Group) Co. of China's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.16/116.0564*116.0564
=4.160

Current CPI (Jun. 2026) = 116.0564.

Ping An Insurance (Group) Co. of China Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.551 102.400 2.891
201612 2.568 102.600 2.905
201703 4.053 103.200 4.558
201706 2.919 103.100 3.286
201709 2.871 104.100 3.201
201712 1.923 104.500 2.136
201803 4.124 105.300 4.545
201806 2.952 104.900 3.266
201809 2.704 106.600 2.944
201812 2.856 106.500 3.112
201903 5.200 107.700 5.603
201906 3.309 107.700 3.566
201909 3.251 109.800 3.436
201912 3.565 111.200 3.721
202003 4.311 112.300 4.455
202006 3.857 110.400 4.055
202009 3.582 111.700 3.722
202012 3.782 111.500 3.937
202103 4.486 112.662 4.621
202106 3.850 111.769 3.998
202109 3.516 112.215 3.636
202112 3.858 113.108 3.959
202203 2.662 114.335 2.702
202206 3.667 114.558 3.715
202209 3.054 115.339 3.073
202212 2.780 115.116 2.803
202303 3.389 115.116 3.417
202306 2.931 114.558 2.969
202309 2.688 115.339 2.705
202312 2.580 114.781 2.609
202403 3.091 115.227 3.113
202406 3.144 114.781 3.179
202409 3.504 115.785 3.512
202412 3.273 114.893 3.306
202503 2.749 115.116 2.771
202506 3.178 114.907 3.210
202509 3.940 115.471 3.960
202512 2.601 115.832 2.606
202603 2.337 116.303 2.332
202606 4.160 116.056 4.160

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.96 mean?
Ping An Insurance (Group) Co. of China (FRA:PZXB) has a Cyclically Adjusted PS Ratio of 0.96 as of Sep. 10, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ping An Insurance (Group) Co. of China and its competitors. This is 24% below median its historical median of 1.26. Over the past decade, Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio has ranged from 0.76 to 3.08. According to the industry distribution chart, Ping An Insurance (Group) Co. of China ranks #187 out of 407 companies in the Insurance industry, placing it in the top 45.9%.
Is Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio too high?
Ping An Insurance (Group) Co. of China's current Cyclically Adjusted PS Ratio of 0.96 is 24% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.08. The Insurance industry median Cyclically Adjusted PS Ratio is 1.24. Ping An Insurance (Group) Co. of China's value of 0.96 is 22.6% below this industry median. Based on the distribution chart, Ping An Insurance (Group) Co. of China ranks #187 out of 407 companies in the Insurance industry, which is above the industry midpoint. Overall, Ping An Insurance (Group) Co. of China has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ping An Insurance (Group) Co. of China's Cyclically Adjusted PS Ratio compare to MET and AFL?
According to the Insurance industry distribution chart, Ping An Insurance (Group) Co. of China ranks #187 out of 407 companies for Cyclically Adjusted PS Ratio. This puts Ping An Insurance (Group) Co. of China in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.24. Ping An Insurance (Group) Co. of China's value of 0.96 is 22.6% below this benchmark. Historically, Ping An Insurance (Group) Co. of China's own Cyclically Adjusted PS Ratio has ranged from 0.76 to 3.08 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.24, Ping An Insurance (Group) Co. of China has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.24, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ping An Insurance (Group) Co. of China's current Cyclically Adjusted PS Ratio of 0.96 is 22.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ping An Insurance (Group) Co. of China and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Insurance (Group) Co. of China's current Cyclically Adjusted PS Ratio is 0.96, which is 24% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Insurance (Group) Co. of China stock overvalued right now?
Based on GuruFocus' analysis, Ping An Insurance (Group) Co. of China (FRA:PZXB) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.05, compared to a current price of €11.80 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.96, which is 24% below median its 10-year median of 1.26 and 22.6% below the Insurance industry median of 1.24. Ping An Insurance (Group) Co. of China's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ping An Insurance (Group) Co. of China (FRA:PZXB), the current Cyclically Adjusted PS Ratio is 0.96 as of Sep. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ping An Insurance (Group) Co. of China (FRA:PZXB) Overvalued in 2026?

Based on GuruFocus' analysis, Ping An Insurance (Group) Co. of China stock appears to be overvalued. The current stock price of €11.80 is trading 17.4% above its estimated GF Value™ of €10.05. GuruFocus considers Ping An Insurance (Group) Co. of China to be Modestly Overvalued.

Key valuation signals for FRA:PZXB:

  • Cyclically Adjusted PS Ratio: 0.96 (24% below median its 10-year median of 1.26)
  • GF Value™: €10.05 vs. price of €11.80 (17.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 22.6% below the Insurance median (#187 of 407)

No single metric tells the full story. See the FRA:PZXB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ping An Insurance (Group) Co. of China Business Description

Address No. 5033 Yitian Road, Ping An Finance Center, 47th, 48th, 109th, 110th, 111th and 112th Floors, Futian District, Guangdong Province, Shenzhen, CHN, 518033
Ping An Insurance was founded in 1988 and headquartered in Shenzhen. As an integrated financial service provider, the company offers healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, and other financial services. These business segments contributed 66%, 10%, 28%, and 1% of the company's pretax profits, respectively, in 2025.
70GF Score

Get the complete analysis for FRA:PZXB

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.80
Price
€10.05
GF Value